Shares of Johnson & Johnson (JNJ) Exceed 52-Week High

March 31, 2022 10:04:08

Johnson & Johnson (NYSE:JNJ) traded at a new 52-week high today of $179.98. Approximately 1.8 million shares have changed hands today, as compared to an average 30-day volume of 7.9 million shares.

Johnson & Johnson share prices have moved between a 52-week high of $179.98 and a 52-week low of $155.72 and are now trading 15% above that low price at $179.73 per share.

Johnson & Johnson is the world’s largest and most diverse healthcare firm. Three divisions make up the firm: pharmaceutical, medical devices and diagnostics, and consumer. The drug and device groups represent close to 80% of sales and drive the majority of cash flows for the firm. The drug division focuses on the following therapeutic areas: immunology, oncology, neurology, pulmonary, cardiology, and metabolic diseases. The device segment focuses on orthopedics, surgery tools, vision care, and a few smaller areas. The last segment of consumer focuses on baby care, beauty, oral care, over-the-counter drugs, and women’s health. Geographically, just over half of total sales are generated in the United States.

Based on a current price of $179.73, Johnson & Johnson is currently 0.9% above its average consensus analyst price target of $178.07.

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